Deals summary

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Latest Briefings

Impact of DSARs in the GDPR Era

Since the General Data Protection Regulation (GDPR) went into effect this past May, there has been a significant uptick in the number of data subject access requests (DSARs). Due to these regulatory changes, along with steep fines and shorter deadlines to complete requests, the compliance burden on organizations has to be taken seriously. To effectively […]

British Virgin Islands introduces the Micro Business Companies Act

By Alan Hughes As a leading oÂshore Ênancial center and in keeping with its constant drive toward the development and implementation of robust, modern and progressive corporate products, the British Virgin Islands (BVI) has recently introduced the Micro Business Companies Act (the “MBC Act”) – bespoke and innovative legislation designed speciÊcally toward developing and supporting the […]

Court’s guidance on identifying a firm’s centre of interests

By Duncan Lole, Gawain Moore, Geoff Cunningham In the recent case of Re Videology Ltd, the English High Court considered the factors relevant for determining a company’s centre of main interests (or COMI) and whether it had an establishment in a foreign jurisdiction for the purposes of the Cross-Border Insolvency Regulations 2006. Walker Morris insolvency experts, Duncan […]

Redress scheme outcome challenges – Have they ended?

By Paul Gair The recent case of R. (on the application of Holmcroft Properties Ltd) v KPMG LLP 2018 WL 04636705 has confirmed that Judicial Review is not the appropriate avenue for a bank customer unhappy with an accountancy firm acting as a ‘skilled person’ in approving an offer of compensation by his bank under a redress […]

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Job fears as Eversheds shuts down Home2Home

Eversheds is shutting its Manchester-based residential conveyancing unit Home2Home, after deciding to stop residential conveyancing The unit’s main client was building society Bradford & Bingley.The decision leaves 23 jobs hanging in the balance, but the firm states it is “going through a consultation process” with the Home2Home employees.Home2Home employs two solicitors. The rest of the […]

Deals summary

Field Fisher Waterhouse (Jon Fife, Teruo Kato) advised the Nippon Synthetic Chemical Industry on its project to establish a $95m (£66.5m) chemical plant in the UK. BP, which will construct the chemicals site, was advised by Linklaters (Kirsty Corkum). Rowe & Maw (Richard Page, Fiona Holland) advised AIM-listed telecommunications company ZipCom on a £6m fund […]

Pillsbury cuts first year salaries as technology downturn impacts

San Francisco-based Pillsbury Winthrop has sliced $10,000 (£7,000) off its salary for first year associates The move comes as Bay Area firms fight the technology slowdown through a variety of cost-cutting initiatives.This year, the firm’s new associates will receive an annual salary of $125,000 (£87,500), down from $135,000 (£94,500). Pillsbury’s stance on remuneration mirrors similar […]

Dechert shows off fine figures

Dechert’s London office has recorded a turnover of £45.5m for its first full financial year following its transatlantic merger in July 2000 Total firmwide income for Dechert’s financial year ending December 2001 was £238m. Titmuss Sainer Dechert changed its financial year following its merger with US firm Dechert Price & Rhoads 18 months ago. The […]

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